George Soros (Trades, Portfolio) is known for the unmatched success of his Quantum Fund. During the third quarter, he closed his positions in many stocks, and some brought him gains. His largest gains were from NICE-Systems Ltd. (NICE), ClickSoftware Technologies Ltd. (CKSW) and Pioneer Natural Resources Co. (PXD).
Soros is also the founder and chair of Soros Fund Management and the Open Society Foundations.
Herbalife Ltd. (HLF)
The stock has had a long term position in the portfolio since 2011, and Soros has sold his holdings twice since then. He initiated a new position in Q2 2013 and in the third quarter, he sold the shares and gained 19% on the investment. The deal had an impact of -1.12% on the portfolio.
The company has a market cap of $4.7 billion. It has a P/E of 12.12, a forward P/E ratio of 10.72 and a P/S of 0.96. GuruFocus has given the stock a profitability and growth rating of 7/10, and this is confirmed by its strong returns that are outperforming the Global Household & Personal Products industry.
Herbalife is a nutrition company that sells weight management, targeted nutrition, energy, sports & fitness, and other nutrition products.
NICE-Systems Ltd. (NICE, Financial)
In the third quarter, Soros sold his shares in NICE-Systems and gained 47% on the investment. The deal had an impact of -0.68% on the portfolio.
The company has a market cap of $3.33 billion. It has a P/E of 13.64, a forward P/E ratio of 16.61, a P/B of 2.49 and a P/S of 3.26. GuruFocus has given the stock a profitability and growth rating of 9/10, and this is confirmed by its strong returns that are outperforming the Global Software - Application industry.
The company provides software solutions that enable operationalize big data. It operates in three business areas: Customer Interactions business, Financial Crime and Compliance, and Security.
Jim Simons (Trades, Portfolio) and Ken Fisher (Trades, Portfolio) increased their holdings in the stock during the quarter.
ClickSoftware Technologies Ltd. (CKSW, Financial)
The stock has been in the portfolio since 2011, and over the last five quarters, Soros has been increasing his stake. In the third quarter, he sold the shares and gained 39% on the investment. The deal had an impact of -0.41% on the portfolio.
The company has a market cap of $419.38 million. It is a provider of software products and solutions for workforce management and optimization for the service sector. The company has operations in Israel, America, Asia Pacific and EMEA.
Mario Gabelli (Trades, Portfolio) and Jim Simons (Trades, Portfolio) also exited their positions.
Pioneer Natural Resources Co. (PXD)
Soros acquired a new position in Q3 2012 and over the last two quarters, he reduced his stake over 30%. In the third quarter, he sold the shares and gained 33% on the investment. The deal had an impact of -0.3% on the portfolio.
The company has a market cap of $17.39 billion. It has a P/E of 22.30, a forward P/E ratio of 217.39, a P/B of 1.92 and a P/S of 3.71. GuruFocus has given the stock a profitability and growth rating of 9/10, and this is confirmed by its strong returns that are outperforming in the Global Oil & Gas E&P industry.
The company explores for, develops and produces oil and gas reserves and in doing so sells homogenous oil, NGL and gas units.
Kyle Bass (Trades, Portfolio) and Jim Chanos (Trades, Portfolio) also closed their holdings.
XPO Logistics Inc. (XPO)
In Q2 2014, Soros acquired a new position and last quarter increased his stake by 110%. In the third quarter, he sold the shares and gained 24% on the investment. The deal had an impact of -0.22% on the portfolio.
The company has a market cap of $2.52 billion. It has a forward P/E ratio of 11.49, a P/B of 0.92 and a P/S of 0.37. GuruFocus has given the stock a profitability and growth rating of 6/10, with negative returns that are underperforming in the Global Integrated Shipping & Logistics industry.
The company is a non-asset based transportation services provider that acts as a middleman between shippers and carriers who outsource their transportation logistics. Its operations are segmented into three: Freight Brokerage, Expedited Transportation and Freight Forwarding.
Alaska Air Group Inc. (ALK)
The position was established in Q4 2014, and in the last quarter, Soros increased his stake by 63.04%. In the third quarter, he sold the shares and gained 25% on the investment. The deal had an impact of -0.07% on the portfolio.
The company has a market cap of $9.33 million. It has a P/E of 12.01, a forward P/E ratio of 10.42, a P/B of 3.96 and a P/S of 1.77. GuruFocus has given the stock a profitability and growth rating of 8/10, and this is confirmed by its strong returns that are outperforming in the Global Airlines industry.
The company provides passenger air service to more than 27 million passengers per year to more than 100 destinations. Alaska Air also provides freight and mail services.
Robert Olstein (Trades, Portfolio), David Dreman (Trades, Portfolio) and Steven Cohen (Trades, Portfolio) also exited their positions in this company.
Carter's Inc. (CRI)
The stock has been in the portfolio since 2011 and lost its position three times. In the third quarter, he sold the shares and gained 25% on the investment. The deal had an impact of -0.06% on the portfolio.
The company has a market cap of $4.88 million. It has a P/E of 20.98, a forward P/E ratio of 18.42, a P/B of 5.78 and a P/S of 1.63. GuruFocus has given the stock a profitability and growth rating of 8/10, and this is confirmed by its strong returns that are outperforming in the Global Apparel Manufacturing industry.
The company is a branded marketer in the U.S. of apparel for babies and young children. It operates in five business segments: Carter's wholesale, Carter's retail, OshKosh retail, OshKosh wholesale and international.
Larry Robbins (Trades, Portfolio) is another guru who closed his position in this company.
